Experience tells us that this is one of the most dreaded conversations people are willing to take part in. But unfortunately we will all die, and although nobody wishes to acknowledge this, we all want to ensure that our loved ones get what we hope to give to them.
You have worked hard to provide, to save and to care for your family, but have you neglected to ensure that they are protected?
If you do not write a Will, then you die ‘intestate’. This means that your estate will be distributed under the rules contained principally in the Intestacy Rules of the Administration of Estates Act 1925, applicable in England and Wales. The Inheritance and Trustees’ Powers Act 2014 (ITPA 2014) introduced reforms to the intestacy rules from 1st October 2014 when the relevant provisions of the Act came into force.
The administration of your estate under intestacy rules is likely to lead to delays, additional cost and the possibility of frozen assets: a legacy of distress and uncertainty affecting your loved ones at the worst time.
A Will can also, if required, provide for the secure guardianship of orphaned children (as opposed to leaving this to the courts and Social Services to decide, which is what happens if you don’t have a Will). For example; if you are an unmarried father, you may not have any rights over your children.
Your Will can cover charitable bequests, the succession of business interests, the bequest of family heirlooms, the welfare of pets and animals, and your funeral wishes.
Although HCR Ltd does not directly employ a Will writing specialist, we have close relationships with various Will writing professionals and solicitors that would be happy to advise you accordingly.
The Financial Conduct Authority does not regulate Wills & Estate Planning.
HCR have a dedicated team of Independent Financial Advisers (IFA) who can ensure you are receiving the right financial advice and the highest standard of service.
For a free consultation to discuss your Wills & Estate Planning requirements together with any other financial needsContact Us today
"We would like to thank your company for safely handling our finances over the years and thereby giving us a creditable return on our initial outlay. Thanks to you all we will now have a far more comfortable retirement. We would have no hesitation in recommending your services to others."
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